Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

100 fastest growing inner city businesses

69. BankServ
69. BankServ
2009 Revenues: $34.2 million
5-year Annual Growth Rate: 21%

CEO:
Dave Kvederis
Location: San Francisco, CA
Year Founded: 1996

About the business:
Electronic funds transfer services


The Initiative for a Competitive Inner City (ICIC) defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. For the 2011 list, ICIC received more than 2,000 solicited nominations using its database of small businesses and through the support of its nominating partners, including the U.S. Conference of Mayors, Staples, and the Small Business Administration. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2005 and 2009 (the last year for which complete data was available).
Last updated May 18 2011: 5:14 PM ET
Join the Conversation

The companies on this year's Inner City 100 have managed to build fast-growing businesses in economically depressed cities. Here's how they are doing it. More

Terracycle got its start selling worm poop as fertilizer to the likes of Home Depot and Wal-Mart and has since turned itself into a burgeoning trash-to-treasure emporium. More